Director/PDMR Shareholding

RNS Number : 3931W
Rio Tinto PLC
06 November 2014
 



Rio Tinto plc

Director/PDMR Shareholding

6 November 2014

 

 

 

 

 

 

Rio Tinto Management Share Plan ("MSP")

 

The MSP is a service based award which provides participants with an award of shares which vests subject to continuous employment.  At the time of vesting, participants can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.

 

Rio Tinto plc was notified on 6 November 2014 that on 6 November 2014, Alfredo Barrios, a person discharging managerial responsibility ("PDMR") of the Company elected to receive his vested award, which was granted on 15 September 2014, in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.

 

Conditional Award Granted

No of

Shares Vested

No of

Shares Sold

Sale Price

per Share

No of Shares Retained

5,278

5,278

2,700

£29.496

2, 578

 

 

This announcement is made in accordance with the requirements of the Financial Conduct Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.

 

 

 

For further information, please contact:

 

Vaughn Walton

Assistant Company Secretary

Rio Tinto plc

Tel: 020 7781 1345

 

Website: www.riotinto.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Rio Tinto (RIO)
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